President Trump will announce Wednesday afternoon a $100 billion investment from Apple in U.S. manufacturing.
It will include the launch of the American Manufacturing Program, which would be dedicated to bringing more of Apple’s supply chain to the U.S. and involves the tech giant incentivizing other companies to manufacture more critical components domestically, a White House official said.
Earlier Wednesday, White House peace envoy Steve Witkoff met with Russian President Vladimir Putin at the Kremlin, just two days ahead of a deadline set by Trump that calls for either a peace agreement in Ukraine or punitive action against Russia.
Putin, who has lost favor in recent weeks with Trump, faces tough tariffs on nations that buy Russian oil, along with other sanctions. Witkoff has made five trips to Moscow since January, securing prisoner exchanges, while a ceasefire has remained elusive.
Russia this summer has gained momentum in its war for Ukraine. After a rocky start with Ukrainian President Volodymyr Zelensky, the White House now will allow European allies to buy American weapons for use in Ukraine to aid in the fight.
Trump last week said he was moving two “nuclear” submarines closer to Russia in response to threatening rhetoric from a top Kremlin official. On Sunday, he confirmed the vessels were now “in the region.”
Catch up:
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Bitter partisanship threatens to engulf Senate as critical deadlines loom
Trump-Modi bromance sours over trade talks, Russian oil
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